VALDERA

average cost savings for customers

The customers and the credibility Valdera’ s growing customer base includes some of the world’ s largest manufacturers, ranging from Fortune 500 industrial conglomerates to major consumer packaged goods and beauty brands. Companies like Toray Industries and Owens Corning are already seeing double-digit cost reductions, reduced supply chain risk and significantly faster sourcing cycles. The platform’ s largest multinational customers spend more than US $ 10bn on raw materials annually. John Eustis, SVP of Procurement at Toray Industries, describes the shift.“ Prior to Valdera, finding the right suppliers was often a challenge. You never knew what you might find picking a supplier out of a marketplace or cold calling someone from a database. With Valdera, we can quickly get broader market insights and build relationships with vetted suppliers globally. The platform gives us a true global picture of the market for each specific material.”

That credibility extends to the investment side. Valdera’ s US $ 15m Series A was led by Index Ventures, one of the most prominent technology investors in the world.

valdera. com 11